Been reading the posts and finally decided to jump in the discussion.
Have something to throw out. I think the Big East would be a solid landing spot, but I dont think we want to move until it all explodes. I'm not saying we sit on our hands; I want to do it like last year. Let's have a backup plan in place with the Big East, along with our other North brothern, that says if the Big 12 dies, we go the the BE.
Let OU, OSU, TAM, UT, TT, and any others move first and have to pay a 20-30 million exit fee, take their money (looking at maybe 30 million to sit on our hands) and then walk to the BE and use the exit fees to make up the difference in B12 to BE payments until a new TV deal is worked out. This only works if we have the backup planned locked in though.
If the Big 12 implodes and ceases to exist there will be no exit fees. Do you really think that the schools leaving for the Pac 16 and SEC are going to give all of their TV money from this year's TV contract to KU, Kstate, ISU, and Baylor? I'm pretty sure Nebraska and Colorado didn't have to write a check to leave, they just didn't get their share of last years TV money.